dartz

@GwartyGwart I'm not smart enough to know who's right, but I'm a bit leaning towards Jeff on this one. He's obviously one of the guy who has the most "skin in the game" in the perp dex landscape.

I don’t know if Jeff is right or Tarun is right so we should make them both do one very hard math problem to decide a winner

@degentradingLSD alts market rn

PSA - looks like orderbooks (even binance) are much more illiquid than usual. Know that in these situations, your fills might be terrible and your positions probably gets adversely tested

@DefiIgnas and why would that killer app chooses to launch on Monad rather than say, Solana?

High time Monad gets a viral app that drives FOMO to the ecosystem. This could extend the $MON's rally. Because friends around me who bought $MON are just holding spot without actively using it in DeFi or any app.

@TaikiMaeda2 I don't get it why ppl troll him here. If BTC traded below $100K now, would u guys call him a genius? Stop being a resulting thinking idiot.

The Beginning of the Bear Market (and why I'm short) Watch: youtube.com/watch?v=oqjVjH…

@YacineGhalim @Punk9277 @HypeliquidX @chameleon_jeff but what's the plan when they run out of allocation for airdrops?

@Punk9277 @HypeliquidX @chameleon_jeff But i wouldn't touch the 99%. Just do more ongoing airdrops.

i do think what happened yesterday will have profound implications on the future of the economic relationship among token holders, traders, and vault depositors at hyperliquid tge, traders and token holders were basically the same group of people. in fact, not just the same - their ownership was even scaled based on volume and usage. that was almost perfect alignment. over time, this inevitably diverged - now you’ve got people who don’t trade at all but own $HYPE, and others who trade in huge size but own zero $HYPE fundamentally, that’s why some traders were left with a sour taste when they saw $HYPE holders celebrating the largest buyback day and the biggest HLP vault win yesterday had this happened before tge, alignment would’ve been easier - you’d just drop certain traders some points. post-tge, it’s much tougher, especially when the protocol doesn’t have a cash reserve (or an insurance fund) personally, i think this likely triggers a rethink of the incentive model and possibly marks the end of the ~100% buyback era. the pendulum has likely swung too far to one side - risking the equilibrium lighter’s approach here feels more balanced and likely more trader-friendly. LLP took the hit, and traders were protected by it longer term though, for lighter, this does raise two questions: - if LLP becomes a quasi-insurance fund, should there be a cap on network OI relative to LLP? - how does it incentivize LLP to compensate for the higher risk so it stays competitive? I think this is likely where revenue and incentive structure come in. instead of using 100% of revenue for buybacks (ie incentivizing ONLY token holders), it could perhaps be split among: - an insurance fund to backstop system-level risks - some incentives for the vault to compensate for higher risk while keeping a more trader-friendly risk mechanism - cover development costs - and finally, excess capital going back to token holders no one knows where the future of perp dexes and the incentive model will be, but thanks to all the builders - we’ve come a long way vs a few years ago. the exciting part is, being a derivative product, it can scale to almost any asset in the world - the upside is huge for our industry if defi gets it right. i’m hopeful we get there one day. let’s all keep building!

@KookCapitalLLC @Backpack lol, if this is true, @bryan_johnson would find it disgusting 🤮

backpack exchange is reimbursing users with fried chicken

@loopify spot traders want exposure to tokenless perp dexes

why do people 1x long leverage instead of buying spot

@tobific @trylimitless If this thing 40x on TGE, u will still earn ~50% apr in just a couple of days bro.

I had: - $100k pledged - 1.5k+ α s2 points - top 100 on the LB - 5000+ kaito staked - #50 rank on kaito priority & got a $1302 of @trylimitless allocation but yea I'm just a "greedy ahh who pledged $100k & deserved $69" 🤷 there will always be a distinct difference b/w who'll keep winning & who won't 😘

@Axel_bitblaze69 this☝️, last week I had like high 4-figs vol trading STBL and ended up getting over 4 points lol

Lighter points dropped yesterday… and farming them actively taught me a few things I wanna share. First off, volume doesn’t matter. I’ve said it before and I’ll say it again. Millions in fake wash trading mean nothing. What matters is what and how you trade. If you’re farming BTC, ETH, HYPE, SOL, BNB… good luck. Whales with 7–8 figure size eat all the points there. For retail, you’ll end up with scraps. What’s been working better for me are low OI, less volatile pairs that still have liquidity like: $PROVE, $ZK, $ZORA, $DOT, $ETHFI, $POPCAT With these i have seen that slippage is manageable even on $10K+ margin. Avoid extreme low OI coins though (like $YZY) I’ve tried, and price impact is brutal when closing. ( you can still trade it but be careful from the price impact at the time of closing position ) Next thing: Sharpe ratio. Many underestimate it, but it matters. Keep it genuine. Around 1 - 3 = breakeven trader, won’t earn much. Either profit cleanly or lose cleanly (preferably not the latter). Above 3 or below -3 shows you’re a “real” trader to the algo and not someone who is solely trading to farm points.. And this one’s important: Never open at market. Always place bids. Any perp dex would want the orderbook liquid, and their system rewards you for providing that. That’s true across every perp DEX, not just @Lighter_xyz So TL;DR: - Trade low OI coins - Focus on Sharpe ratio, not blind volume. - Always place bids, don’t chase at market. Perp DEX farming has gotten tough after the $ASTER rally millions competing for the same points pool If you’re not farming with an actual edge, you’re basically donating. And lastly, trade safe, don’t burn yourself too much to farm these points. maybe you can hedge your positions across different DEX’s if you are not so good at trading but want to still farm the points.. this way you farm risk free And for those who wanna join @Lighter_xyz closed beta.. DM me, I got few codes..

@0xMoei stop the hindsight bias ser. Be kind to yourself.

total amount of my hyperliquid airdrop would be worth $500k if i hadn’t sold it at launch

Friday 13th. They really know how to pick a date to start.

@DeFi_Cheetah @boopdotfun @pumpdotfun this reminds me of SushiSwap's vampire attack on Uniswap back in the day.

[All things you need to know about @boopdotfun - probably the biggest competitor of @pumpdotfun] 🧵👇👇 1. instead of @pumpdotfun retaining all fees, @boopdotfun will redistribute the revenue on the platform and incentivise users who stake $BOOP, which could help it grab significant market share from @pumpdotfun: - $BOOP staking rewards: users who stake $BOOP tokens receive: (i) 5% of the total supply of all newly 'graduated' tokens launched on @Boopdotfun & (ii) 60% of all $SOL fees generated from token liquidity pools on the platform. - This structure incentivizes holding and staking $BOOP, potentially reducing sell pressure and rewarding long-term participants. 2. Team and partnership: @dingalingts is the founder of @PancakeSwap, and @boopdotfun is already having partnerships with major trading platforms such as @AxiomExchange, @tradewithPhoton, @gmgnai and others. They also have an angel round with major figures in @solana ecosystem such as @rajgokal, @mert, @weremeow, @buffalu__ and many KOLs and people in trenches for the purpose of promotion. Something bigger is probably forthcoming. 3. Initial traction: within 40 mins of its launch, 400+ tokens were created on the platform, indicating a low barrier to entry and high user interest. 4. Airdrop at Launch: Boopdotfun launched with an airdrop of $BOOP tokens to early users, aiming to attract degens and bootstrap the ecosystem. By claiming the airdrop, they also need to launch a memecoin themselves LOL I am expecting @pumpdotfun may launch a token soon... @a1lon9 👀👀

@0xfaik @CryptoHayes there is always a risk

@CryptoHayes Do you think there is still a risk?

For those of you who refuse to respect the $BTC pump, I only have one question for you ...

@lookonchain Fool got rekt from revenge trading 🤧

The whale who previously lost $701K on $Fartcoin spent another 14,725 $SOL($1.98M) to buy 2.22M $Fartcoin at $0.89, and is now down $297K again. gmgn.ai/sol/token/look…

@galileowilson @Axel_bitblaze69 jeez, destroying ur own reputation for $1K? How broken this dude was...🙄

Crypto is built on trust, especially when collaborating with creators We’ve worked successfully with thousands, but occasionally, someone breaks that trust, 93 days ago, we paid @Axel_bitblaze69 $1,000 upfront for an activation he insisted on prepayment for This isn’t the first time we’ve worked with him, but immediately after receiving the funds, he went silent, no content delivered, despite multiple follow-ups (all read, all ignored) We even gave him a second chance to make things right through another activation, as he did not want to refund. Again, no response. We’ve been patient and understanding, but this experience is a call for others, be cautious with him. (no refund given yet)

@0xkyle__ what even worse is it might drop way below that level

@Picolas_Caged so it has scaled, but not in the way everybody want.

$ETH send txns are $0.02 Just wild.

@game_for_one Shorting alts 🙄

What are the top tradable narratives or catalysts you're eyeing for April?

@RobertSagurton We'll see how it works in practice. Anw, here's a visualization of multi-local consensus in case some of you need it. 🫡

There is no reason to build an L2 or ditch consensus. L1s with multi-local consensus are 10x faster. They aren’t slowed down by glacially moving global consensus.

@koolcryptovc 🍿🍿

Eclipse fudders after TGE 🤣